Revised papers from a September 1992 workshop, plus new chapters, consider the responsiveness of energy markets to economic controls such as energy taxes and price changes designed to abate greenhouse gas emissions. Contributors address aggregate energy elasticities and those for fuels with different carbon contents, and emphasize the importance of distinguishing between long- and short-run elasticities. Other topics include structural characteristics of the energy market and autonomous improvements in energy efficiency. Annotation copyright Book News, Inc. Portland, Or.
This book presents a range of current views on the use of economic measures to control greenhouse gas emissions. the authors discuss the responsiveness of the energy market to changes in prices, taxes and incomes. The book's concern with global warming involves analyses of possible energy use both in the long and short term.
List of tables List of figures List of Contributors Preface
1. Global warming and energy elasticities Terry Barker, Paul Ekins and Nick Johnstone Part 1: Estimating long-term energy elasticities
2. Alternative approaches to estimating long-run energy demand elasticities: an application to Asian developing countries Ron Smith and M Hashem Pesaran
3. A survey of international energy elasticities Neil Manning and Jago Atkinson
4. Long-run demand elasticities for gasoline Thomas Sterner and Mikael Franzen
5. Responses of energy demand in UK manufacturing to the energy price increases of 1973 and 1979/80 Alan Ingham
6. Elasticities for OECD aggregate final energy demand Lakis Vouyoukas
7. Modelling UK energy demand Derek Hodgson and Keith Miller Part II: Energy, the economy and greenhouse gas abatement
8. Endogenous technological progress in fossil fuel demand Laurence Boone, Stephen Hall, David Kemball-Cook and Clare Smith
9. UK energy price elasticities and their implications for long-term CO2 abatement Terry Barker
10. Price elasticity and market structure - overcoming obstacles to ensure energy efficiency Tim Jackson
11. Rethinking the use of energy elasticities Stefan P Schleicher
12. Revisiting the costs of CO2 abatement Paul Ekins
13. Asymmetrical price elasticities of energy demand Michael Grubb
14. Conclusions Terry Barker, Paul Ekins and Nick Johnstone Bibliography Index
Terry Barker, Paul Ekins, Nick Johnstone
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